2022
Exports
$44.3MWorld Rnk 34 / 200
Flag Rnk 57 / 1074
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 957 / 1025
2022
Imports
$4.63MWorld Rnk 89 / 222
Flag Rnk 398 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $44.3M in Knit Men's Shirts, making it the 34th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 57th most exported product in Sri Lanka. The main destination of Knit Men's Shirts exports from Sri Lanka are: United States ($15.4M), Germany ($4.32M), France ($3.78M), Canada ($3.57M), and Spain ($2.44M).

The fastest growing export markets for Knit Men's Shirts of Sri Lanka between 2021 and 2022 were United States ($2.56M), Spain ($1.45M), and United Arab Emirates ($1.32M).

Imports In 2022, Sri Lanka imported $4.63M in Knit Men's Shirts, becoming the 89th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 398th most imported product in Sri Lanka. Sri Lanka imports Knit Men's Shirts primarily from: Bangladesh ($2.27M), Pakistan ($1.32M), India ($617k), United Arab Emirates ($143k), and China ($73.5k).

The fastest growing import markets in Knit Men's Shirts for Sri Lanka between 2021 and 2022 were Bangladesh ($2.23M), Pakistan ($430k), and Vietnam ($56.7k).

COMPANIES In 2023, leading companies such as Banana Republic (33), Gap (10), and PVH (Phillips-Van Heusen Corporation) (6) were at the forefront of shipping Knit Men's Shirts from Sri Lanka to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Men's Shirts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.3M
IMPORTS (2022)$4.63M
NET TRADE (2022)$39.7M

In 2022, Sri Lanka exported $44.3M in Knit Men's Shirts. The main destinations of Sri Lanka exports on Knit Men's Shirts were United States ($15.4M), Germany ($4.32M), France ($3.78M), Canada ($3.57M), and Spain ($2.44M).

In 2022, Sri Lanka imported $4.63M in Knit Men's Shirts, mainly from Bangladesh ($2.27M), Pakistan ($1.32M), India ($617k), United Arab Emirates ($143k), and China ($73.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$2.56M (19.9%)
Spain$1.45M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Sri Lanka WERE (2021 - 2022):
Netherlands-$2.18M (-61.4%)
Canada-$1.63M (-31.3%)
South Korea-$981k (-85.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Knit Men's Shirts were:
In 2022, Sri Lanka's main importing competitors in Knit Men's Shirts were:

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10M
TOP IMPORT POTENTIALIndia+ $557k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $10M.   Knit Men's Shirts’s highest import potential is India with an import gap of $557k.

See methodology.

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